Kazakhstan Economy Hit by Virus, Drop in Oil Prices

The video discusses the destabilization of global oil markets due to oversupply and reduced demand from the pandemic, leading Kazakhstan to revise its economic growth forecast and seek foreign debt. It explores Kazakhstan's trade with China, highlighting reduced exports of natural gas, copper, and iron ores. The video also examines potential benefits for Kazakhstan's agricultural exports due to Chinese bans on Australian and American produce. Finally, it addresses Kazakhstan's ambitions to become a transit hub between China and Europe, which may be affected by European protectionism.

In what ways might China's restrictions on agricultural imports benefit Kazakhstan?

What investments has Kazakhstan made to become a transit hub between China and Europe?